Bank of N.T. Butterfield & Son
NTB
167 hedge funds and large institutions have $1.84B invested in Bank of N.T. Butterfield & Son in 2018 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 62 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
6% more funds holding
Funds holding: 158 → 167 (+9)
1.08% more ownership
Funds ownership: 72.05% → 73.13% (+1.1%)
3% more capital invested
Capital invested by funds: $1.78B → $1.84B (+$62M)
2% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 62
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$23.7M |
| 2 |
JP Morgan Chase
New York
|
+$22.3M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$11.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$29.5M |
| 3 |
Two Sigma Advisers
New York
|
-$9.82M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$8.86M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$6.27M |
NTB Hedge Fund Activity: Q2 2018 in Review
167 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Bank of N.T. Butterfield & Son (NTB) for Q2 2018, worth a combined $1.84B — up 3.5% from $1.78B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NTB positions and 13 closed out — a net gain of 10 holders — while 61 added to existing stakes and 62 trimmed.
The largest buyer was Millennium Management, adding an estimated $23.7M. The largest seller was Fidelity Investments, cutting an estimated $32M.
- 167 institutional investors held Bank of N.T. Butterfield & Son (NTB) as of Q2 2018, up from 158 in Q1 2018.
- Funds reported $1.84B of Bank of N.T. Butterfield & Son stock for Q2 2018, up 3.5% quarter-over-quarter.
- 23 funds opened new Bank of N.T. Butterfield & Son positions in Q2 2018 and 13 closed out, a net change of +10 holders.
- The largest Bank of N.T. Butterfield & Son buyer in Q2 2018 was Millennium Management, an estimated $23.7M added.
- The largest Bank of N.T. Butterfield & Son seller in Q2 2018 was Fidelity Investments, an estimated $32M sold.
Based on aggregated 13F filings for Q2 2018.